Mandate

Vinge advises EQT X in connection with its investment in HVD Group and Next One Technology

Vinges advises the EQT X fund (or “EQT Private Equity”) in connection with its investment in the Nordic software companies HVD Group (Hantverksdata) and Next (Next One Technology). Both companies serve the tradespeople and construction industry, with HVD Group focused on installation and service professions – such as electricians, plumbers, heating and ventilation firms – while Next is focused on contractors. HVD Group’s platform complements that of Next, and the investment thus paves the way for a further strengthened product offering, which builds on both companies’ strong customer satisfaction scores.

EQT Private Equity will invest in HVD Group and Next together with the existing HVD Group shareholder Adelis, who will increase its investment in the new combined company.

Both transactions are expected to close in February 2024.

Vinge’s team consisted of Christina Kokko, Karl Klackenberg, Elsie Nassar, Amanda Steen, Maximilian Bengtsson and Jonatan Stentorp (M&A), Louise Brorsson Salomon and Jolinn Uhlin (Financing), Marcus Glader, Daniel Wendelsson, Sebastian Örndahl, David Olander and Adam Löfquist (Regulatory), Axel Lennartsson (IPR), Mathilda Persson, Jolene Reimerson, Lisa Hörnqvist and Mario Saad (IT / GDPR), Christoffer Nordin, Carl Lexenberg and Arthur Kinski (Agreements), Emil Lindwall and Victor Björkheim (Employment) and Emelie Schoning (Transaction Support Coordinator).

Read the client's press release

 

Related

Vinge advises Workday, Inc. on its $1.1 billion acquisition of Sana Labs

Vinge, together with Orrick Herrington & Sutcliffe, has advised Workday, Inc. (NASDAQ: WDAY) (“Workday”) on its acquisition of all shares in Sana Labs AB.
September 16, 2025

Vinge advises on the sale of ArmaTech to Defensor Group

Vinge has advised on the sale of ArmaTech i Kungsbacka AB (“ArmaTech”) to the newly formed defence group Defensor Group AB (“Defensor”).
September 16, 2025

Vinge advisor in connection with Klarna's IPO on the New York Stock Exchange

Vinge, together with Latham & Watkins, acted as advisor to bookrunners and managers in connection with the listing of Klarna, the global digital bank and provider of flexible payment solutions, on the New York Stock Exchange.
September 15, 2025